Hong Kong passes bill to speed up development of Northern Metropolis megaproject
Quick Look
- Hong Kong's legislature unanimously passed the Northern Metropolis Development Bill on Thursday after about eight hours of debate over two days.
- The legislation aims to expedite the megaproject near the mainland China border and support targets in the city's first five-year plan covering 2026-2030.
AI-generated summary
Why It Matters
The Northern Metropolis Development Bill passed its third reading after resuming a second reading on Wednesday, with lawmakers debating for about eight hours over two days. The legislation is intended to expedite development of the Northern Metropolis megaproject near Hong Kong's border with mainland China and support targets in the city's first five-year plan covering 2026-2030.
Hong Kong's legislature has given the green light to legislation aimed at expediting the development of the Northern Metropolis megaproject near the border with mainland China, with the government saying the bill will help achieve targets in the city's first five-year plan.
Lawmakers completed the third reading of the Northern Metropolis Development Bill and unanimously passed it on Thursday. The bill resumed a second reading on Wednesday, with lawmakers debating it for about eight hours over the two days.
Secretary for Development Bernadette Linn Hon-ho said on Thursday that the Northern Metropolis Development Bill would lay a solid foundation for achieving the vision of the megaproject as laid out in the city's first five-year plan, which outlines Hong Kong's socio-economic development between 2026 and 2030 to align with the national blueprint.
Open Questions
- What specific provisions does the bill contain to expedite development?
- What are the specific targets in Hong Kong's first five-year plan related to the Northern Metropolis?
- What is the timeline for Northern Metropolis development under the new legislation?
